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HomeMy WebLinkAboutCC RES 91-37 1 2 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ~: 25.: 26' 27 28 RESOLUTION NO. 91-37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, CONFIRMING THE APPLICATION OF THE MASTER PROPERTY TAX TRANSFER AGREEMENT TO THE PROPOSED IRVINE BOULEVARD/BRITTANY WOODS ANNEXATION NO. 153 WHEREAS, A MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND THE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY has been executed by the Board of Supervisors of Orange County and the City Council of the City of Tustin. Effective November 18, 1980, the agreement provides for division of property taxes pursuant to Section 99(d) of the Revenue and Taxation Code of the State of California; and WHEREAS, the City Council of Tustin has proposed the annexation of the inhabited and developed area known as Irvine Boulevard/Brittany Woods Annexation No. 153. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Tustin that the MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND THE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY providing for the allocation of property tax revenues, as approved by the Board of Supervisors and the City Council and effective November 18, 1980, shall be applicable to the territory within the proposed Irvine Boulevard/Brittany Woods Annexation No. 153 to the City of Tustin for the annexation of approximately 54 acres of substantially developed property. PASSED AND ADOPTED at a regular meeting of the Tustin City Council, held on the 1st day of April, 1991. RICHARD EDGAR Mayor City Clerk City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) RESOLUTION NO. 91-37 MARY E. WYNN, city Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 91-37 was duly and regularly introduced, passed and adopted at a regular meeting of the City Council held on the 1st day of April, 1991 by the following vote: COUNCILMEMBER AYES: Edgar, Puckett, Pontious, Potts COUNCILMEMBER NOES: None COUNCILMEMBER ABSTAINED: None COUNCILMEMBER ABSENT: Prescott Mary E. ~jnn, Cit~ Clerk City of Tustin